Russian coffee chain eyes $26 mln IPO on St. Petersburg Exchange - Ifax - NewsBreak

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By Hernandez in Business
Updated 3 years ago

MOSCOW, Aug 18 (Reuters) - Russian coffee chain Podorozhnik plans to raise 1.9 billion roubles ($25.79 million) in an initial public offering on the Saint-Petersburg Exchange this autumn, Interfax reported on Wednesday, citing the company's president, Tatyana Fomina. Russian IPO activity, which took a hit from the COVID-19 pandemic last...

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